Baidu, Alibaba Lead Chinese Stock Surge

By | September 16, 2015

Scalper1 News

Shares of Chinese Internet stocks trading on U.S. exchanges rose sharply Wednesday after the Shanghai composite leapt 4.9% amid talk of yet another government stimulus to revive Chinese economic growth. It’s unclear whether the stock pop signals a real shift. But shares of Baidu (BIDU), Alibaba (BABA), NetEase (NTES), Ctrip.com (CTRP) and JD.com (JD) enjoyed the ride Wednesday. Baidu Going Global China’s top Web search provider has been expanding Scalper1 News

Scalper1 News